In an exchange filing, Manappuram said, ?the board of directors will be meeting on Thursday, 17 March 2022, to consider and approve borrowing program including issuance of redeemable non-convertible debentures, notes, bonds (Debt Securities) in onshore/offshore market by way of private placement and/or public issue for FY 2022-23.?
The company said that the board will also discuss business plan for FY 2022-23.
Manappuram Finance is one of Indias leading gold loan NBFCs. The company reported 46% fall in consolidated net profit to Rs 261 crore on a 9% decline in total income to Rs 1,506.85 crore in Q3 FY22 over Q3 FY21
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